Modi Rubber's Q1 FY 2026-27 Quarterly Results

Result Summary

• Modi Rubber Ltd reported a 35.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 16.0%.
• Its expenses for the quarter were down by 37.9% QoQ and up 3.1% YoY.
• The net profit decreased 130.6% QoQ and decreased 12.9% YoY.
• The earnings per share (EPS) of Modi Rubber Ltd stood at 1.7 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Modi Rubber Ltd is a company that operates within the rubber industry, primarily engaged in manufacturing and distributing rubber products. This industry is known for producing a range of products including tires, industrial rubber goods, and molded rubber products. As of the latest information available up to October 2023, Modi Rubber Ltd has not been noted for any major recent developments or strategic shifts. The company's focus on rubber products positions it within a sector that serves various end markets such as automotive, manufacturing, and possibly consumer goods. Further details specific to its product offerings or strategic initiatives are not available within the current data set.

Revenue

During the first quarter of fiscal year 2027 (Q1FY27), Modi Rubber Ltd reported a total income of ₹13.40 crores. This reflects a significant increase compared to the previous quarter (Q4FY26), where the total income was ₹9.91 crores, marking a quarter-over-quarter (QoQ) growth of 35.2%. When compared year-over-year (YoY) to the first quarter of the previous fiscal year (Q1FY26), where total income was ₹11.55 crores, the company experienced a 16.0% increase. This upward trend in revenue highlights substantial growth in the company's income over both the quarterly and yearly periods.

Profitability

In terms of profitability, Modi Rubber Ltd reported a profit before tax (PBT) of -₹0.66 crores in Q1FY27. This shows a marked improvement from the previous quarter's PBT of -₹12.73 crores, with QoQ change reflecting a 94.8% improvement. Compared to Q1FY26, where the PBT was -₹2.09 crores, there is a YoY improvement of 68.4%. The profit after tax (PAT) for Q1FY27 was ₹4.25 crores, demonstrating a significant recovery from a negative PAT of -₹13.88 crores in Q4FY26, with a QoQ change of 130.6%. However, there was a slight decline from the ₹4.88 crores reported in Q1FY26, indicating a YoY decrease of 12.9%. Earnings per share (EPS) followed a similar pattern, with Q1FY27 at ₹1.70 compared to -₹5.55 in Q4FY26 and ₹1.95 in Q1FY26, indicating improvements QoQ and a slight decline YoY.

Operating Metrics

Operating expenses for Modi Rubber Ltd in Q1FY27 were reported at ₹14.06 crores, showing a decrease from the previous quarter's expenses of ₹22.64 crores, reflecting a QoQ decline of 37.9%. Compared to Q1FY26, where expenses were ₹13.64 crores, there is a small YoY increase of 3.1%. The tax expense for Q1FY27 was ₹0.29 crores, which is a significant reduction from ₹2.47 crores in Q4FY26, marking an 88.3% decrease QoQ. Compared to a tax benefit of -₹0.40 crores in Q1FY26, this represents a YoY change of -172.5%. These metrics indicate shifts in the company's cost structure and tax liabilities over the relevant periods.